Tag: Espoo
Veikkaus is preparing for a turning point in the industry: Job cuts and strategic reform on the horizon
In line with this development, Veikkaus is renewing its personnel structure and focusing on strengthening competence in its core business areas. 825 employees participated in the recently concluded change negotiations, which began at the beginning of September. These discussions are part of Veikkaus’ strategy to maintain market leadership in Finland and compete internationally. The reorganization…
Espoo added more than 6,500 new residents in January-September
According to preliminary data, the share of foreign language speakers in the population growth was about 80 percent, so the share of foreign language speakers in the population was 22 percent at the end of September. In 2022, the most spoken foreign languages in Espoo were Russian, Estonian, Arabic, English, Chinese and Somali. Espoo’s population…
Espoo’s 2024 budget focuses on education amid financial challenges
Economic challenges and a strategic response Faced with global conflicts, rising inflation and rising interest rates, Espoo’s households and companies are moving in a tightening economic life. The city’s corporate income tax is dwindling, and the spike in bankruptcies in the construction industry means deeper financial distress. In addition, the unemployment rate is rising. These…
The recovery of the ship’s anchor near the Baltic Sea pipe damage, concerns about welfare reforms and a new quantum computer: Finland in the world press
The article details the ongoing investigation by the National Bureau of Investigation (NBI), where they are trying to determine if it is connected to the Chinese container ship Newnew Polar Bear, which is missing its front anchor. Deep traction marks were also found along the damaged pipeline. Finnish researchers have attempted to contact the Newnew…
The fall in Finnish housing prices continues in the third quarter
In Finland’s largest cities, the decline in the prices of old condominiums was even more pronounced. The most significant reductions were observed in Vantaa and Espoo, where the decrease was 9.3% and 9.0% compared to the previous year. In Helsinki, prices fell by 8.1%. Statistics Finland’s actuary Petri Kettunen stated that the downward trend in…
City cycling on the rise: The cycling record in Helsinki and Espoo increased
The process of registering and purchasing user rights was considered straightforward, and the instructions for using the bike were clear and easy to understand. Impressively, this year’s Net Promoter Score (NPS) remained stable at 48, indicating excellent user satisfaction. The overall rating for urban bikes was a high 3.75/5. However, the bike return procedures and…
A new tram in a collision with a car, three days after the start of service
The light rail line running between Helsinki and Espoo started operating on Saturday.
The new tram line starts its inaugural journey from Espoo to Helsinki
In addition to the orchestra, Prime Minister Petteri Orpo (NCP) participated in the opening ceremony of the party.
Seabed war, cyber trucks and the autumn of discontent and strikes: Finland in the world press
The article examines the case and consequences of a situation where the Baltic Connector suffered from a pressure drop that led to its closure. Damage was observed in Finland’s exclusive economic zone on October 10. In addition, an undersea data cable was cut in the same area, which led to the investigation of both cases.…
Espoo and the Finnish Technology Industry are cooperating to attract international IT experts
For more than a decade, the city of Espoo has been actively working to connect people moving to Finland for study, work or family reasons with employers suffering from labor shortages. “Espoo has always attracted job seekers and talent. The willingness of companies to recruit international labor is crucial in terms of attracting skilled labor,”…
Hypo: Finnish localities differ more and more in terms of real estate risks and prospects
Espoo’s ranking was particularly boosted by its positive income and demographic development, as it reached the 300,000 population mark in 2022 and was on track to reach the 350,000 mark in 2040. According to Hypo, the city seems to be the second most popular destination for internal migrants after Tampere. According to Hypo, its population…
The Rise of Affordable Chinese Electric Cars: A Game Changer for Nordic Consumers
China’s dedication to electrification extends beyond environmental concerns; it is becoming a major player in the global automotive industry. While China has produced budget-friendly entry-level vehicles, the rise of electric vehicles has opened the door to global competition. Today, Chinese automakers don’t just make electric cars; they make them with quality and affordability in mind.…
Microscopic but gigantically important: Finland and Espoo’s opportunity to lead chip technology
When part of the production chain falters, as was seen during the automotive industry’s COVID-19 pandemic, Finnish chips, household appliances and cars can get stuck in the production pipeline. However, Finland has excellent opportunities to become Europe’s leading center of chip expertise, where Espoo is at the forefront of chip technology and manufacturing. What are…
6 former security guards are charged with manslaughter for the death of the Espoo shopping center
All former security guards aged 19–24 are suspected of using physical force during the incident.
The new high-speed tram line 15 will start operating on October 21
Mika NykänenThe CEO of the Helsinki Region Transport Agency (HSL) expressed his enthusiasm: “The new high-speed tram line offers HSL’s customers a completely new, environmentally friendly means of transport that significantly improves the quality and comfort of intercity traffic. The fact that we can put this service into use in good time is a significant…
The newest tram line in the capital region will hit the tracks in October
The fast Raide-Jokeri tram connects Helsinki and Espoo.
Raide-Jokeri express tram increases Espoo’s appeal
Keilaniemi, known for its corporate offices and the headquarters of large companies, is developing into a lively seaside residential and office area with hotels. At the same time, Otaniemi is undergoing renewal and population growth. “Raide-Jokeri expands the growth spurred by Espoo’s metro. The urban structure of Espoo, consisting of five urban centers, is heavily…
HSL’s tram line announcement derailed after a test run accident
The new Jokeri tram line runs from East Helsinki to Espoo through the capital’s northern suburbs.
Increase in drug deaths in Helsinki, especially among young people
Between 2006 and 2021, drug-related deaths increased by four percent per year in various parts of Finland. In the big cities of southern Finland, drug use is higher than in other regions. Experimentation and use of cannabis has grown the most, but the use of amphetamine, ecstasy and cocaine has also increased considerably. Problem drug…
Open Creative House and Helsinki Games Capital join forces in Espoo
On Friday, September 8, 2023, the weekly lecture series will start in cooperation with Helsinki Games Capital and will continue until the end of the year. The city of Espoo also supports this course, which focuses on helping new players in the gaming industry. “Game Business Love Product” is a free course where industry experts…
Finland wins six medals at Agility Nordic Championships
In the individual competition of the Agility PM Championships, Finnish participants achieved podium finishes in three instances: Katariina Kuiro and her border collie Wendi (representing Sawon Agilityurheilijat) claimed gold in the intermediate size class. Riina Kellman and her border collie Kiksi (Run for Fun Agility Team) secured bronze in the intermediate size class. Eeva Ihatsu…
July 2023 housing market update: Slower activity in line with summer trends, promising outlook for fall
The comparison with the five-year average showed a -36.3% decline in used home sales and an even steeper -81.9% decrease in new home sales. Based on the KVKL price index, average square meter prices for used apartments declined by an average of -4.6% in the capital region and -1.0% in other major cities, compared to…
HS: Finns Party enjoys most support in localities with least immigrants
The calculations revealed a sizeable negative correlation (-0.43) between support for the populist right-wing party and share of residents of immigrant backgrounds. A negative correlation between two variables indicates that as one of the variables increases the other tends to decrease, and vice versa. The Finns Party has spoken extensively about the negative effects of…
In Helsinki, house prices fell by 10% year-on-year in June
The prices came down by 8.0 per cent from the previous year in large cities, including by 10.0 per cent in Helsinki, 6.4 per cent in Espoo and Tampere, 6.1 per cent in Vantaa, 4.4 per cent in Turku and 2.0 per cent in Oulu. Compared to the previous month, though, the prices experienced a…
Record-low births in early 2023
Birth rates have been declining for nine consecutive years in the 2010s. In 2010, the total fertility rate was 1.87, but by 2019, it had decreased to 1.35. Following this, there was a slight recovery in birth rates in 2020 and 2021, but last year, the birth rate declined again, resulting in a total fertility…
Are you still looking for a student apartment for the fall? Here are the criteria for getting an apartment as quickly as possible
When the last study places are confirmed in July, the apartment search will accelerate. If you have not yet submitted your housing application, it is important to do so now. At this point in the summer, however, you have to be prepared for the fact that getting an apartment can wait a few months. The…
The slowest rent increase is still in the capital region
The biggest increase in rents was in Oulu, where rents rose by 2.5%. Martti KorhonenStatistics Finland’s senior actuary says: “The privately financed rental market continues to struggle with inflation and cost growth through rent increases. This situation is particularly clear in the capital region, where there is currently an oversupply of small rental apartments. Regional…
Nokia announced the loss of jobs in Finland and issued a profit warning
The dismissals concern employees in Espoo, Oulu and Tampere.
The girls play the main role in the Helsinki Cup tournament
In Sweden, football is already huge and on the rise, and Finland is following this trend,” says Helsinki Cup tournament director Lotta Peitsi. Helsinki Cup is Finland’s biggest international tournament for girls. “Over the past ten years, the growth of girls’ teams in the tournament has been incredible, with participation increasing sevenfold. This year, we…
The international junior football tournament rolls into the capital
“The capital now hosts an internationally renowned, record-breaking tournament that attracts participants from all over the world. Our most distant visitors come from Brazil, the United States, Mongolia and Mexico,” says Kirsi KavanneCEO of Helsinki Cup. Around 5,600 matches will be played in the six-day tournament in Helsinki, Espoo and Vantaa. The Helsinki Cup, which…
Many ministers of the Basic Finns have referred to the compensation theory
The theory states that leftist domestic or international elites attempt to replace the white population with non-white immigrants, allowing the non-white majority to take control of key institutions, destroy cultures and traditions, and ultimately eliminate white populations. The theory has also found its way to e.g. Republican Party rhetoric Stateside. The Finnish name of the…
The Espoo police are investigating dozens of taxi burglaries
Commonly stolen goods are taxi drivers’ personal belongings and work-related equipment, such as taxi meters.